Receipts definition: Copy, customize and use instantly
Introduction
The term "Receipts" refers to the acknowledgment of the receipt of money, goods, or services. It is commonly used in contracts to clarify the transfer of funds or property, ensuring that both parties agree on the transaction and its details.
Below are various examples of how "Receipts" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Receipts" in a sale transaction
This definition ties "Receipts" to the sale of goods or services.
"Receipts" refers to the documents provided by the seller confirming the payment for the goods or services provided, including any applicable taxes, fees, or discounts.
Definition of "Receipts" in a financial agreement
This definition connects "Receipts" to financial transactions.
"Receipts" means the documentation evidencing the receipt of funds, including but not limited to bank statements, wire transfer confirmations, and payment receipts.
Definition of "Receipts" in a lease agreement
This definition links "Receipts" to a lease transaction.
"Receipts" refers to the written acknowledgment from the landlord confirming the tenant’s payment of rent or other amounts due under the lease agreement.
Definition of "Receipts" in a donation context
This definition applies "Receipts" to charitable donations.
"Receipts" means the written acknowledgment provided by a charitable organization confirming the receipt of a donation, including the donor’s name, the amount, and the purpose of the donation.
Definition of "Receipts" in a purchase order agreement
This definition ties "Receipts" to purchase order transactions.
"Receipts" refers to the confirmation or proof of delivery of goods specified in a purchase order, provided by the buyer upon receipt of the goods.
Definition of "Receipts" in a tax context
This definition connects "Receipts" to tax reporting.
"Receipts" refers to the documentation, such as invoices and receipts, provided to confirm taxable transactions for the purpose of calculating taxes owed to the government.
Definition of "Receipts" in a government contract
This definition links "Receipts" to government contracts.
"Receipts" means the official acknowledgment issued by the government confirming the receipt of funds for services or goods delivered under the contract terms.
Definition of "Receipts" in an audit process
This definition applies "Receipts" to an audit context.
"Receipts" refers to the documents that are examined in an audit to verify that payments and transactions have been accurately recorded and properly accounted for.
Definition of "Receipts" in a real estate transaction
This definition ties "Receipts" to real estate transactions.
"Receipts" means the documents confirming payment made by the buyer to the seller as part of a real estate transaction, including earnest money deposits and final settlement amounts.
Definition of "Receipts" in a loan agreement
This definition connects "Receipts" to loan agreements.
"Receipts" refers to the documentation provided by the borrower acknowledging the disbursement of loan funds and the receipt of the loan amount as per the agreement.
Definition of "Receipts" in a construction contract
This definition links "Receipts" to construction contracts.
"Receipts" means the formal acknowledgment issued by the contractor confirming that the payment for construction work has been received.
Definition of "Receipts" in a warranty claim
This definition applies "Receipts" to warranty claims.
"Receipts" refers to the proof of purchase, typically a receipt or invoice, required to process a warranty claim for a product or service.
Definition of "Receipts" in a service agreement
This definition ties "Receipts" to service agreements.
"Receipts" means the documentation confirming payment for services rendered under the service agreement, including invoices and confirmation of full payment.
Definition of "Receipts" in an international trade agreement
This definition connects "Receipts" to international trade.
"Receipts" refers to the formal acknowledgment of receipt of goods at the port of entry, confirming compliance with shipping terms and payment obligations under international trade agreements.
Definition of "Receipts" in a partnership agreement
This definition links "Receipts" to a partnership.
"Receipts" means the records or documents provided by the partnership to confirm the receipt of capital contributions or any other payments made by the partners.
Definition of "Receipts" in a franchising agreement
This definition applies "Receipts" to franchising.
"Receipts" refers to the documentation provided by the franchisee confirming payment of any required franchise fees or royalties under the franchising agreement.
Definition of "Receipts" in a debt collection process
This definition ties "Receipts" to debt collection.
"Receipts" refers to the confirmation of payment provided by a debtor to a creditor, documenting the satisfaction of the debt obligations.
Definition of "Receipts" in a utility service contract
This definition connects "Receipts" to utility contracts.
"Receipts" means the documentation confirming payment for utility services rendered, including utility bills and proof of payment.
Definition of "Receipts" in a mobile payment service agreement
This definition links "Receipts" to mobile payment services.
"Receipts" refers to the digital or paper confirmation of transaction completion issued by a mobile payment service after payment for goods or services.
Definition of "Receipts" in a retail store transaction
This definition applies "Receipts" to retail transactions.
"Receipts" refers to the printed or digital acknowledgment of payment issued by the retailer to the customer after the purchase of goods or services.
Definition of "Receipts" in a patent licensing agreement
This definition ties "Receipts" to patent licensing.
"Receipts" means the documentation confirming the receipt of royalty payments by the patent holder under the licensing agreement.
Definition of "Receipts" in a medical billing context
This definition connects "Receipts" to medical billing.
"Receipts" refers to the documents provided by a healthcare provider confirming payment for medical services rendered, which may include co-pays, deductibles, or full payment.
Definition of "Receipts" in an inventory management system
This definition links "Receipts" to inventory management.
"Receipts" means the records confirming the delivery and acceptance of goods into inventory, used for tracking purposes in inventory management systems.
Definition of "Receipts" in a charitable event
This definition applies "Receipts" to a charitable event.
"Receipts" refers to the acknowledgment provided by the charity confirming the amount donated by an individual or organization during the event.
Definition of "Receipts" in a ticketing system
This definition ties "Receipts" to ticketing systems.
"Receipts" means the digital or printed confirmation issued to a customer after purchasing tickets for an event or service, verifying the transaction.
Definition of "Receipts" in a business transaction
This definition connects "Receipts" to business transactions.
"Receipts" refers to the proof of payment issued by a business in exchange for goods or services, confirming the amount and method of payment received.
Definition of "Receipts" in a tax-exempt purchase
This definition links "Receipts" to tax-exempt purchases.
"Receipts" means the documentation provided by a tax-exempt organization confirming the receipt of goods or services purchased under their tax-exempt status.
Definition of "Receipts" in a hospitality industry contract
This definition applies "Receipts" to hospitality industry contracts.
"Receipts" refers to the formal acknowledgment issued by a hotel, restaurant, or service provider confirming the receipt of payment for hospitality services rendered.
Definition of "Receipts" in a wholesale distribution agreement
This definition ties "Receipts" to wholesale distribution agreements.
"Receipts" refers to the records or documents issued by a distributor confirming the receipt of payment for goods sold under the wholesale distribution agreement.
Definition of "Receipts" in a consulting agreement
This definition connects "Receipts" to consulting agreements.
"Receipts" means the confirmation of payment provided by the client to the consultant upon completion of services as outlined in the consulting agreement.
Definition of "Receipts" in a construction equipment rental
This definition links "Receipts" to construction equipment rental agreements.
"Receipts" refers to the documents issued by the rental company confirming the receipt of payment for the rental of construction equipment.
Definition of "Receipts" in a payroll processing agreement
This definition applies "Receipts" to payroll processing.
"Receipts" refers to the confirmation provided by the payroll service provider to the employer, confirming that employee salaries have been paid.
Definition of "Receipts" in an online subscription service
This definition ties "Receipts" to online subscription services.
"Receipts" refers to the confirmation or invoice issued by the online service provider upon receipt of subscription fees for a product or service.
Definition of "Receipts" in a government procurement contract
This definition connects "Receipts" to government procurement.
"Receipts" means the official acknowledgment provided by a government entity confirming the receipt of goods or services procured under the contract terms.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.